The Inflation Reduction Act extended and expanded certain residential and energy-efficient home energy tax credits. According to recently released statistics, these clean energy credits have proven to be popular. Indeed, the IRS reports that taxpayers have claimed more than $6 billion in credits on 2023 tax returns for residential clean energy investments (including solar electricity generation, solar water heating and battery storage) and more than $2 billion for energy-efficient home improvements (such as the installation of heat pumps and energy-efficient air conditioners, windows and doors). Contact us to learn how you can take advantage of these clean energy credits.
Our Blog 